How do I determine the right pay rate?

Think of JobSpooler as a fluid market like stocks or currencies. The rate that the labor pool is willing to accept moves over time. Many factors go into establishing an appropriate pay rate for your job. The basic rule of thumb is: the better the bait, the more fish will bite. If maximum turnaround speed is what you desire, then you should offer a rate similar to what the traditional labor market in that field might require.

Some jobs like idea generation or problem solving or graphic design that have a critical subjective component might benefit from a base+bonus compensation model. In this scenario, a below-market rate is offered for submitting a proposed solution or creative concept. An additional bonus is then offered for the one or more submissions selected by you as the best of the lot. (Note: To insure fair use of “B+B” compensation, slightly different rules apply).

Overall, you should feel free to test the market offering an initial batch of threads at a reduced rate and guage the response. You may find that there are fewer JobSpoolers interested but those that are work steadily and complete all job threads in a reasonable amount of time. You can always change the rate later if necessary.

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